Copart Reaches Analyst Target Price
November 27, 2019 at 08:06 AM EST
In recent trading, shares of Copart Inc (CPRT) have crossed above the average analyst 12-month target price of $90.00, changing hands for $90.80/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..